15, ACER CLOSE, LINCOLN, LN6 0RD - £200,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 ACER CLOSE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £200,000 in September 2019, which was around 20% below the average September 2019 detached price in the Lincoln local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

15 ACER CLOSE Sold Prices

Land registry data shows four sales for 15 ACER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Most of the four 15 ACER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 27 SEP	£200,000	£249,069	20% below HPI
2006 19 OCT	£138,000	£183,917	25% below HPI
2004 29 JUN	£142,500	£169,751	16% below HPI
1996 31 JAN	£69,480	£62,528	11% above HPI

15 ACER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The four 15 ACER CLOSE sales between January 1996 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 ACER CLOSE?

15 ACER CLOSE is 83m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 15 ACER CLOSE lies on this distribution: 29% of detached houses are smaller than 15 ACER CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 ACER CLOSE: Plot and Title Map

15 ACER CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 15 ACER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 ACER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 ACER CLOSE?

15 ACER CLOSE is located in LINCOLN, in the LN6 postcode district. The below map shows the position of No. 15 on ACER CLOSE.